10 US Islands Where Property is Affordable

10) Molokai, Hawaii

Molokai is the fifth largest of the Hawaiian archipelago and is a total of 260 square miles with a modest population of just over 7,400 residents. One of its many features includes the Kalaupapa National State Park, which was the 1866 quarantine treatment site by citizens who had been diagnosed with leprosy. There are two shield volcanoes located on Molokai as well as Kamakou Peak and the Molokai Forest Preserve where native vegetation including rainforests and tropical fruit can be observed and protected. Employment can be harder to find on the island, but the average cost of living for a two bedroom apartment is approximately $1300 per month. An 811 square foot beach cottage in Molokai is known to exist for about $159,000 on island real estate websites.